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Please help with these multiple choice questions, thank you! Generally, if a county (the domestic country) has a trade deficit, it will correct itself by?

Please help with these multiple choice questions, thank you!

  1. Generally, if a county (the domestic country) has a trade deficit, it will correct itself by?

a.The domestic currency becoming stronger

b.Using tariffs to slow the imports

c.Using contractionary fiscal policy

d.The domestic currency becoming weaker

2.Unemployment and Inflation are tradeoffs under which economic view?

a.Neoclassical

b.Keynesian

c.Isolationists

d. all of the above

3.Increasing the required reserve will?

a. Decrease interest rates

b.Not affect money supply

c.Increase the money supply

d.Decrease the money supply

4.This of the followign is a correct monetary policy initiative during a recession?

a.Increse the discount rate

b.Decrease taxes

c.Buy via open market operations

d.Sell via open market operations

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